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20121201
20121231
Search Results 0 to 4 of about 5 (some duplicates have been removed)
devastation caused by superstorm sandy. >> i think the most likely explanation here is sandy's impact was significant but was so short-lived that it didn't extend to the sample period of the employment report which was the week that covered november 12. >> reporter: hiring was also supposed to be weak due to worries about the fiscal cliff. with $600 billion in automatic tax hikes and government spending cuts set to start next year, why aren't more firms postponing hiring decisions? >> what we're hearing from businesses is that it is really hard to actually pull back hiring right now, because they've already fired so many workers, gotten so lean that it's really difficult. >> reporter: but not all the surprises in the report were good. at 7.7%, the unemployment rate hit its lowest level since december 2008. but that was mostly due to people giving up their search for work. and there's another disappointing trend, weak wage growth. >> what we are not seeing is strong income generation. the slowing in wage gains-- the weak bargaining power of labor comes across in this report and >> repo
-covered memorial to those lost at sandy hook. >> as a parent, i just wanted o come to respect the kids and the adulls. it touched everybody's heart. i just couldn't move forward without coming this morning early, you know, and just saying a prayer. >> we just wanted to come down and show support for the families obviously they will never be the same again. whose holidays will never be. >> ifill: in parts of the country's mid section, the holiday was marked by bad weather. snow was moving from the ozarks through the ohio valley, causing blizzard warnings in indiana and kentucky. sleet, freezing rain caused a 21-car pile-up in oklahoma. and left cars spinning on icy roads all the way into western maryland. >> i tried to back up. i couldn't see. i backed into this little wooden whatever the heck that is, busted out my side of my back light there. now i'm stuck here. >> ifill: farther south parts of the gulf coast were on alert for tornadoes and powerful thunderstorms. but the weather wasn't a problem everywhere. downunderwhere it's summer, christmas meant a trip to the beach in sydney, au
watching chris christie a lot whether it was to do super storm sandy or whether to campaign for mitt romney. there's a lot of question about whether he would get the challenge from the very popular mayor of newark, at least popular in some circles cory booker. >> what's interesting about this is that cory booker put out a web video which is how all the politicians announce these days. he said i'm interested in running for senate. that job isn't actually open at this point. senator frank lautenberg holds that seat, a long-time democrat. he has not telegraphed what he's going to do. when cory booker put out this statement that he was going to run lautenberg said there's a time for politics. it's next year. that's when i'll address it. >> lautenberg is 8 years old. he's in his 80s. he might decide to run. he could be... decide to keep that challenge afloat there. we could either be talking about a democratic primary or booker is very well known. he's got a strong national presence. so this is somebody who could clear the field for the democrats but either way it will be competitive. republican
's largest oil producer by 2020. here's one good thing to come from the destruction of hurricane sandy-- verizon customers will be getting faster, and more, telecom services. the company said today it is replacing damaged copper wires with fiber optic cable. that upgrade from older, slower copper allows verizon to offer more digital services, including bundling phone, internet and cable tv. and it means an increase in revenues for verizon. tom, that was the message from verizon's c.e.o., speaking at an investor conference today. but it didn't do much for the stock. verizon shares fell, like many of its fellow dow components trading here on the big board. >> tom: let's get going with tonight's "market focus." with no big economic data for cues, stocks finished a lackluster day in negative territory. the s&p 500 struggled to find a clear direction and spent most of the session in the red. it ended with a small loss of two tenths of 1%. trading volume continued to be moderate-- 674 million shares on the big board; under 1.8 billion shares traded on the nasdaq. we saw small sector moves, a
Search Results 0 to 4 of about 5 (some duplicates have been removed)